pips skips limited

Live EstablishedMidHealthy

pips skips limited Company Information

Share PIPS SKIPS LIMITED

Company Number

07547618

Shareholders

philip hyde

kerry hyde

View All

Group Structure

View All

Industry

Collection of non-hazardous waste

 +1

Registered Address

alpha 3 the buntings, cedars park, stowmarket, suffolk, IP14 5GZ

pips skips limited Estimated Valuation

£5m

Pomanda estimates the enterprise value of PIPS SKIPS LIMITED at £5m based on a Turnover of £5m and 0.99x industry multiple (adjusted for size and gross margin).

pips skips limited Estimated Valuation

£4m

Pomanda estimates the enterprise value of PIPS SKIPS LIMITED at £4m based on an EBITDA of £801.6k and a 4.96x industry multiple (adjusted for size and gross margin).

pips skips limited Estimated Valuation

£14.5m

Pomanda estimates the enterprise value of PIPS SKIPS LIMITED at £14.5m based on Net Assets of £4.5m and 3.25x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Pips Skips Limited Overview

Pips Skips Limited is a live company located in stowmarket, IP14 5GZ with a Companies House number of 07547618. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in March 2011, it's largest shareholder is philip hyde with a 45% stake. Pips Skips Limited is a established, mid sized company, Pomanda has estimated its turnover at £5m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Pips Skips Limited Health Check

Pomanda's financial health check has awarded Pips Skips Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £5m, make it smaller than the average company (£9.9m)

£5m - Pips Skips Limited

£9.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (12.5%)

8% - Pips Skips Limited

12.5% - Industry AVG

production

Production

with a gross margin of 28.2%, this company has a comparable cost of product (28.2%)

28.2% - Pips Skips Limited

28.2% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (9.4%)

0.8% - Pips Skips Limited

9.4% - Industry AVG

employees

Employees

with 46 employees, this is similar to the industry average (51)

46 - Pips Skips Limited

51 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)

£38.9k - Pips Skips Limited

£38.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £109.2k, this is less efficient (£149.6k)

£109.2k - Pips Skips Limited

£149.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is later than average (37 days)

48 days - Pips Skips Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (40 days)

52 days - Pips Skips Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (9 days)

0 days - Pips Skips Limited

9 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (9 weeks)

68 weeks - Pips Skips Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.6%, this is a lower level of debt than the average (63%)

36.6% - Pips Skips Limited

63% - Industry AVG

PIPS SKIPS LIMITED financials

EXPORTms excel logo

Pips Skips Limited's latest turnover from March 2024 is estimated at £5 million and the company has net assets of £4.5 million. According to their latest financial statements, Pips Skips Limited has 46 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover5,022,8265,011,5254,902,5584,017,9274,314,4124,324,6254,581,4553,881,6503,247,0015,026,9303,181,5791,478,9501,901,443
Other Income Or Grants0000000000000
Cost Of Sales3,604,4103,736,3183,532,5042,948,4243,235,5693,324,4203,462,3442,925,8572,474,6653,862,8162,269,072864,9471,137,278
Gross Profit1,418,4161,275,2071,370,0541,069,5031,078,8431,000,2051,119,111955,793772,3351,164,114912,507614,003764,164
Admin Expenses1,379,9921,334,996574,682267,051769,640236,983307,965120,261181,7491,041,738505,865613,534764,200
Operating Profit38,424-59,789795,372802,452309,203763,222811,146835,532590,586122,376406,642469-36
Interest Payable00000001185981,23475800
Interest Receivable73,50855,4878,8876383432,2471,11833744349930813453
Pre-Tax Profit111,932-4,302804,259803,090309,546765,469812,264835,751590,431121,641406,19160316
Tax-27,9830-152,809-152,587-58,814-145,439-154,330-167,150-118,086-25,545-93,424-145-4
Profit After Tax83,949-4,302651,450650,503250,732620,030657,934668,601472,34596,096312,76745812
Dividends Paid0000000000000
Retained Profit83,949-4,302651,450650,503250,732620,030657,934668,601472,34596,096312,76745812
Employee Costs1,787,4051,808,4891,753,1561,473,3711,354,0191,300,1701,257,2781,137,511984,6001,245,715856,906405,867473,396
Number Of Employees46485043424342383341311416
EBITDA*801,575763,1291,501,1001,445,3481,053,9041,510,9081,480,8421,253,898860,583353,049644,999221,327170,004

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets3,752,2484,369,6174,324,0203,753,6233,556,3093,634,8153,669,5892,816,3851,224,073869,512621,223839,919866,171
Intangible Assets167,750251,625335,500419,375503,250587,125671,000754,875838,750893,750517,5001,003,7501,058,750
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets3,919,9984,621,2424,659,5204,172,9984,059,5594,221,9404,340,5893,571,2602,062,8231,763,2621,138,7231,843,6691,924,921
Stock & work in progress3,3321,7511,6621,000000000000
Trade Debtors662,092843,386862,700759,364703,876767,114840,250729,495647,368479,084419,351266,920287,741
Group Debtors0000000000000
Misc Debtors830,190388,509270,478280,005304,33645,34246,07112,98624,4790003,949
Cash1,615,1961,185,0901,426,053943,814331,734353,361245,930201,40068,156108,99490,52232,53421,007
misc current assets0000061,58846,228000000
total current assets3,110,8102,418,7362,560,8931,984,1831,339,9461,227,4051,178,479943,881740,003588,078509,873299,454312,697
total assets7,030,8087,039,9787,220,4136,157,1815,399,5055,449,3455,519,0684,515,1412,802,8262,351,3401,648,5962,143,1232,237,618
Bank overdraft000000003,76410,451000
Bank loan0000000000000
Trade Creditors 516,871445,369405,636337,456368,219320,768370,633294,293241,4671,404,9181,009,712432,627428,614
Group/Directors Accounts0000000503,604689,6650000
other short term finances0000000000000
hp & lease commitments0000000375,912196,065162,949134,35000
other current liabilities710,725708,525970,998880,534783,3981,004,1841,229,589356,186251,3230000
total current liabilities1,227,5961,153,8941,376,6341,217,9901,151,6171,324,9521,600,2221,529,9951,382,2841,578,3181,144,062432,627428,614
loans0000000004,18623,33300
hp & lease commitments00000001,076,527356,462233,816167,96200
Accruals and Deferred Income181,13611,29010,49710,42610,04315,5377,8405,00000000
other liabilities418,383679,216877,996790,271866,6861,083,8951,479,601150,000000133,216232,182
provisions742,918818,752574,158408,816291,984196,518222,992203,140182,400125,685000
total long term liabilities1,342,4371,509,2581,462,6511,209,5131,168,7131,295,9501,710,4331,434,667538,862363,687191,295133,216232,182
total liabilities2,570,0332,663,1522,839,2852,427,5032,320,3302,620,9023,310,6552,964,6621,921,1461,942,0051,335,357565,843660,796
net assets4,460,7754,376,8264,381,1283,729,6783,079,1752,828,4432,208,4131,550,479881,680409,335313,2391,577,2801,576,822
total shareholders funds4,460,7754,376,8264,381,1283,729,6783,079,1752,828,4432,208,4131,550,479881,680409,335313,2391,577,2801,576,822
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit38,424-59,789795,372802,452309,203763,222811,146835,532590,586122,376406,642469-36
Depreciation679,276739,043621,853642,896660,826663,811585,821334,491214,997200,673183,357165,858128,790
Amortisation83,87583,87583,875083,87583,87583,87583,87555,00030,00055,00055,00041,250
Tax-27,9830-152,809-152,587-58,814-145,439-154,330-167,150-118,086-25,545-93,424-145-4
Stock1,581896621,000000000000
Debtors260,38798,71793,80931,157195,756-73,865143,84070,634192,76359,733152,431-24,770291,690
Creditors71,50239,73368,180-30,76347,451-49,86576,34052,826-1,163,451395,206577,0854,013428,614
Accruals and Deferred Income172,046-261,68090,53597,519-226,280-217,708876,243109,863251,3230000
Deferred Taxes & Provisions-75,834244,594165,342116,83295,466-26,47419,85220,74056,715125,685000
Cash flow from operations679,338686,9701,577,8771,444,192715,9711,145,2872,155,1071,199,543-305,679788,662976,229249,965306,924
Investing Activities
capital expenditure-61,907-784,640-1,192,250-756,335-582,320-629,037-1,439,025-1,926,803-569,558-855,212466,589-139,606-2,094,961
Change in Investments0000000000000
cash flow from investments-61,907-784,640-1,192,250-756,335-582,320-629,037-1,439,025-1,926,803-569,558-855,212466,589-139,606-2,094,961
Financing Activities
Bank loans0000000000000
Group/Directors Accounts000000-503,604-186,061689,6650000
Other Short Term Loans 0000000000000
Long term loans00000000-4,186-19,14723,33300
Hire Purchase and Lease Commitments000000-1,452,439899,912155,76294,453302,31200
other long term liabilities-260,833-198,78087,725-76,415-217,209-395,7061,329,601150,00000-133,216-98,966232,182
share issue000000019800-1,576,80801,576,810
interest73,50855,4878,8876383432,2471,118219-155-735-45013453
cash flow from financing-187,325-143,29396,612-75,777-216,866-393,459-625,324864,268841,08674,571-1,384,829-98,8321,809,045
cash and cash equivalents
cash430,106-240,963482,239612,080-21,627107,43144,530133,244-40,83818,47257,98811,52721,007
overdraft0000000-3,764-6,68710,451000
change in cash430,106-240,963482,239612,080-21,627107,43144,530137,008-34,1518,02157,98811,52721,007

pips skips limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for pips skips limited. Get real-time insights into pips skips limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Pips Skips Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for pips skips limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mid companies, companies in IP14 area or any other competitors across 12 key performance metrics.

pips skips limited Ownership

PIPS SKIPS LIMITED group structure

Pips Skips Limited has no subsidiary companies.

Ultimate parent company

PIPS SKIPS LIMITED

07547618

PIPS SKIPS LIMITED Shareholders

philip hyde 45%
kerry hyde 45%
georgia louise hyde 5%
james philip hyde 5%

pips skips limited directors

Pips Skips Limited currently has 3 directors. The longest serving directors include Mr Quentin Stewart (Jun 2024) and Mr Mathew Stewart (Jun 2024).

officercountryagestartendrole
Mr Quentin StewartEngland57 years Jun 2024- Director
Mr Mathew StewartEngland55 years Jun 2024- Director
Mr Noah BulkinUnited Kingdom47 years Jun 2024- Director

P&L

March 2024

turnover

5m

0%

operating profit

38.4k

0%

gross margin

28.3%

+10.98%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

4.5m

+0.02%

total assets

7m

0%

cash

1.6m

+0.36%

net assets

Total assets minus all liabilities

pips skips limited company details

company number

07547618

Type

Private limited with Share Capital

industry

38110 - Collection of non-hazardous waste

38120 - Collection of hazardous waste

incorporation date

March 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

alpha 3 the buntings, cedars park, stowmarket, suffolk, IP14 5GZ

Bank

-

Legal Advisor

-

pips skips limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 4 charges/mortgages relating to pips skips limited. Currently there are 1 open charges and 3 have been satisfied in the past.

pips skips limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for PIPS SKIPS LIMITED. This can take several minutes, an email will notify you when this has completed.

pips skips limited Companies House Filings - See Documents

datedescriptionview/download